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MoneyMan

04/07/10 8:09 PM

#102 RE: Rawnoc #101

Not sure why market does not give them fair valuation. The numbers are absolutely there.

Top line might not be to hot, they have proven ability to pull off M&A transactions that have doubled revenue and been accretive to earnings. The top management have said they are always looking for candidates in last two CC calls.

Bottom line can have significant improvement based on the Rent A Center deal and general unemployment trends improving. Even just steady unemployment helps out, since customers only get 4 months of payment waivers, every month they steady, equals less payouts.

That has been hurting them to the tune of $1m a quarter.